NYSE:GTX - Garrett Motion Stock Price, News & Analysis

Garrett Motion trades on the New York Stock Exchange (NYSE) under the ticker symbol "GTX."

Garrett Motion Inc (NYSE:GTX) issued its earnings results on Tuesday, July, 30th. The company reported $0.86 EPS for the quarter, topping the consensus estimate of $0.82 by $0.04. The business earned $802 million during the quarter, compared to the consensus estimate of $831.99 million. Garrett Motion had a negative return on equity of 44.81% and a net margin of 34.50%. The firm's revenue was down 8.6% compared to the same quarter last year. During the same quarter last year, the company earned $2.03 EPS. View Garrett Motion's Earnings History.

Garrett Motion is scheduled to release their next quarterly earnings announcement on Tuesday, October 29th 2019. View Earnings Estimates for Garrett Motion.

6 analysts have issued 1 year target prices for Garrett Motion's stock. Their forecasts range from $14.00 to $17.00. On average, they expect Garrett Motion's share price to reach $15.50 in the next twelve months. This suggests a possible upside of 38.6% from the stock's current price. View Analyst Price Targets for Garrett Motion.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Garrett Motion in the last year. There are currently 2 sell ratings, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Garrett Motion.

Media stories about GTX stock have been trending positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Garrett Motion earned a news impact score of 2.5 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the stock's share price in the near term. View News Stories for Garrett Motion.

Garrett Motion saw a drop in short interest during the month of July. As of July 31st, there was short interest totalling 4,079,200 shares, a drop of 13.3% from the June 30th total of 4,702,600 shares. Based on an average daily trading volume, of 842,800 shares, the days-to-cover ratio is presently 4.8 days. Approximately 5.5% of the shares of the stock are sold short. View Garrett Motion's Current Options Chain.

Some companies that are related to Garrett Motion include Dorman Products (DORM), LCI Industries (LCII), Adient (ADNT), Dana (DAN), Veoneer (VNE), Meritor (MTOR), Delphi Technologies (DLPH), Gentherm (THRM), Standard Motor Products (SMP), Stoneridge (SRI), IOCHPE MAXION S/S (IOCJY), American Axle & Manufact. (AXL), Tower International (TOWR), Cooper-Standard (CPS) and Tenneco (TEN).

Based on aggregate information from My MarketBeat watchlists, some companies that other Garrett Motion investors own include Honeywell International (HON), Home Depot (HD), Verizon Communications (VZ), Alibaba Group (BABA), Cisco Systems (CSCO), Johnson & Johnson (JNJ), Resideo Technologies (REZI), Thermo Fisher Scientific (TMO), Amgen (AMGN) and Procter & Gamble (PG).

Garrett Motion's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.30%), Vanguard Group Inc. (10.20%), Deccan Value Investors L.P. (8.20%), Price T Rowe Associates Inc. MD (5.00%), Dynamo Internacional Gestao DE Recursos LTDA. (2.64%) and Morgan Stanley (1.19%). View Institutional Ownership Trends for Garrett Motion.

GTX stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Deccan Value Investors L.P., Price T Rowe Associates Inc. MD, Strs Ohio, Bank of New York Mellon Corp, Natixis, Tocqueville Asset Management L.P. and Morgan Stanley. View Insider Buying and Selling for Garrett Motion.

GTX stock was purchased by a variety of institutional investors in the last quarter, including Dynamo Internacional Gestao DE Recursos LTDA., Renaissance Technologies LLC, University of Notre Dame DU Lac, Intrepid Capital Management Inc., First Trust Advisors LP, AQR Capital Management LLC, Point72 Asset Management L.P. and Investec Asset Management LTD. View Insider Buying and Selling for Garrett Motion.

Shares of GTX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of GTX stock can currently be purchased for approximately $11.18.

Garrett Motion has a market capitalization of $834.26 million and generates $3.38 billion in revenue each year. The company earns $1.18 billion in net income (profit) each year or $4.05 on an earnings per share basis. Garrett Motion employs 7,500 workers across the globe.View Additional Information About Garrett Motion.

The official website for Garrett Motion is http://www.garrettmotion.com/.

Garrett Motion's mailing address is LA PIECE 16, ROLLE V8, 1180. The company can be reached via phone at 41-21-695-3000 or via email at [email protected]